BERLIN, Oct 23 (Bernama-dpa) -- Germany's pharmaceutical industry expects output and sales to decline this year as trade tensions with US President Donald Trump weigh on the sector, according to a forecast by the Association of Research-Based Pharmaceutical Companies (VFA) seen by dpa.
World : German Pharma Industry Expects Sales To Fall Amid US Trade Tensions
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BE Bernama 
Key takeaways
Germany's pharma industry expects sales and production to fall due to US trade tensions and low water levels, according to VFA.
- Pharmaceutical production is expected to drop by 2.2% and sales by 1.8% this year.
- Trade tensions with the US, including tariff threats, have caused uncertainty in the sector.
- Germany's pharma exports to the US, which make up a quarter of total exports, are critical due to higher US drug prices.
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